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Geo Group Up 71.5% Since SmarTrend Uptrend Call (GEO)

By Shiri Gupta

SmarTrend identified an Uptrend for Geo Group (NYSE:GEO) on March 26th, 2012 at $19.06. In approximately 10 months, Geo Group has returned 71.51% as of today's recent price of $32.69.

Geo Group share prices have moved between a 52-week high of $33.28 and a 52-week low of $16.56 and are now trading 97% above that low price at $32.69 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 1.2%.

The Geo Group Inc. operates private correctional facilities located mostly in the United States, but also in Australia, Canada, New Zealand, and South Africa. The Company offers educational programs, vocational training, and rehabilitation therapy services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Geo Group shares.

Log in and add Geo Group (GEO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights geo group

Ticker(s): GEO